ORIGIN PROTOCOL - OGN/USDT - Daily - Technical analysis published on 07/28/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 0.898633 USDT
My targets
0.769467 USDT (-1.34%)
0.607167 USDT (-22.15%)
My analysis
The basic trend is bearish on ORIGIN PROTOCOL - OGN/USDT and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.898633 USDT. Buyers would then use the next resistance located at 0.930350 USDT as an objective. Crossing it would then enable buyers to target 1.205600 USDT. If there is a return to below the support located at 0.769467 USDT, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.607167 USDT and 0.266100 USDT by extension.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
0.4
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Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USDT rating is 0.779900 USDT. On the day, this instrument gained +1.47% with the lowest point at 0.753900 USDT and the highest point at 0.809600 USDT. The deviation from the price is +3.45% for the low point and -3.67% for the high point.0.753900
0.809600
0.779900
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of ORIGIN PROTOCOL - OGN/USDT indicates that the overall trend is bearish. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.266100 | 0.607167 | 0.779900 | 0.930350 | 1.205600 | 1.958670 |
| Change (%) | -65.88% | -22.15% | - | +19.29% | +54.58% | +151.14% |
| Change | -0.513800 | -0.172733 | - | +0.150450 | +0.425700 | +1.178770 |
| Level | Minor | Major | - | Minor | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.630700 | 0.672800 | 0.720700 | 0.762800 | 0.810700 | 0.852800 | 0.900700 |
| Camarilla | 0.743850 | 0.752100 | 0.760350 | 0.768600 | 0.776850 | 0.785100 | 0.793350 |
| Woodie | 0.633600 | 0.674250 | 0.723600 | 0.764250 | 0.813600 | 0.854250 | 0.903600 |
| Fibonacci | 0.672800 | 0.707180 | 0.728420 | 0.762800 | 0.797180 | 0.818420 | 0.852800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.339033 | 0.451367 | 0.618833 | 0.731167 | 0.898633 | 1.010967 | 1.178433 |
| Camarilla | 0.709355 | 0.735003 | 0.760652 | 0.786300 | 0.811948 | 0.837597 | 0.863245 |
| Woodie | 0.366600 | 0.465150 | 0.646400 | 0.744950 | 0.926200 | 1.024750 | 1.206000 |
| Fibonacci | 0.451367 | 0.558250 | 0.624283 | 0.731167 | 0.838050 | 0.904083 | 1.010967 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.083167 | 0.228367 | 0.457933 | 0.769467 | 0.999033 | 1.310567 | 1.540133 |
| Camarilla | 0.538698 | 0.588298 | 0.637899 | 0.687500 | 0.737101 | 0.786702 | 0.836303 |
| Woodie | -0.124150 | 0.207875 | 0.416950 | 0.748975 | 0.958050 | 1.290075 | 1.499150 |
| Fibonacci | 0.228367 | 0.435067 | 0.562767 | 0.769467 | 0.976167 | 1.103867 | 1.310567 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.91 | |
| MACD (12,26,9): | 0.0040 | |
| Directional Movement: | 6.485668 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.734818 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.849700 | |
| Elder Ray (13): | 0.040944 | |
| Super Trend (3,10): | 0.559785 | |
| Zig ZAG (10): | 0.760400 | |
| VORTEX (21): | 1.0435 | |
| Stochastique (14,3,5): | 49.40 | |
| TEMA (21): | 0.768442 | |
| Williams %R (14): | -50.06 | |
| Chande Momentum Oscillator (20): | 0.019800 | |
| Repulse (5,40,3): | -4.9981 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0484 | |
| Courbe Coppock: | 1.36 |
| MA7: | 0.756400 | |
| MA20: | 0.739525 | |
| MA50: | 0.736654 | |
| MA100: | 1.016576 | |
| MAexp7: | 0.752463 | |
| MAexp20: | 0.736127 | |
| MAexp50: | 0.792387 | |
| MAexp100: | 0.895007 | |
| Price / MA7: | +3.11% | |
| Price / MA20: | +5.46% | |
| Price / MA50: | +5.87% | |
| Price / MA100: | -23.28% | |
| Price / MAexp7: | +3.65% | |
| Price / MAexp20: | +5.95% | |
| Price / MAexp50: | -1.58% | |
| Price / MAexp100: | -12.86% |
Quotes :
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Real time data
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